So a developer working with the government and getting incentives builds a nice neighborhood of homes that people can afford. People in the target income group buy the houses. All good. But when housing prices spike, what keeps the houses in the hands of the targeted economic group. When owner goes to sell, won’t the market dictate what happens, opening up the neighborhood to what has been referred to as gentrification?
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Build enough (remove local zoning requirements and parking minimums) and grow the economy so that it is cheap enough
or the government owns and runs it at a loss.
Those are really the only good options. Many other solutions cause various problems in the housing market.
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